The Latest Breaking News from Coupang

Coupang (NYSE:CPNG) reported its Q1 earnings results on Wednesday, May 11, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Coupang beat estimated earnings by 29.41%, reporting an EPS of $-0.12 versus an estimate of $-0.17.

Coupang Inc (NYSE:CPNG) reported first-quarter revenue growth of 22% year-over-year to $5.12 billion, +32% on a constant currency basis, missing the consensus of $5.25 billion. Active customers increased by 13% Y/Y, and total net revenues per Active Customer improved by 8% Y/Y to $283. The total gross profit was $1.04 billion (+42%…

Coupang (NYSE:CPNG) is set to give its latest quarterly earnings report on Wednesday, 2022-05-11. Here's what investors need to know before the announcement. Analysts estimate that Coupang will report an earnings per share (EPS) of $-0.17.

Upgrades For Coupang Inc (NYSE:CPNG), JP Morgan upgraded the previous rating of Neutral to Overweight. The stock has a 52-week-high of $46.00 and a 52-week-low of $11.91. At the end of the last trading period, Coupang closed at $11.99.

Coupang's (NYSE:CPNG) short percent of float has fallen 38.11% since its last report. The company recently reported that it has 30.01 million shares sold short, which is 3.15% of all regular shares that are available for trading.

Goldman Sachs analyst Eric Cha upgraded Coupang Inc (NYSE:CPNG) to Conviction Buy from Buy with a price target of $37, down from $52. The price target implies an upside of 108.5%. The rising rates, industry growth deceleration on high comps, and COVID induced capacity issues, which have weighed on the stock price since the second…

The shares of South Korea-based e-commerce giant Coupang (CPNG) were crushed recently after its largest shareholder sold CPNG shares worth $1 billion. Furthermore, challenges related to high costs and rising local competition make the company’s growth prospects gloomy. Also, given that CPNG has not been able to improve its profitability,…

A whale with a lot of money to spend has taken a noticeably bullish stance on Coupang. Looking at options history for Coupang (NYSE:CPNG) we detected 12 strange trades.

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) Vision Fund's block trade sale worth $1 billion on March 9 triggered Coupang Inc (NYSE:CPNG) share's recent meltdown. SVF Investments (UK) Ltd sold 50 million Coupang shares for $20.87 per share. Coupang's shares closed at $22.70 on March 9 and $18.94 on March 10. Also Read: South Korean E-Commerce Company Coupang…

Plant-based wellness brand PlantFuel continues its global expansion through international distribution partnership with Coupang